Financial Express-Is Gurugram poised to outpace Mumbai as India’s next real estate powerhouse?
Gurugram has long been a dominant player in India’s real estate market, but 2024 has been a game-changer. Not only have the property prices nearly doubled, but recent developments have also positioned the city as one of the fastest-growing real estate markets in the country. A significant increase in the number of new launches of high-end residential complexes and marquee luxury projects has further contributed to the city’s rising prominence in the country’s realty landscape, solidifying its status as a preferred destination for investors and end-users alike. As Gurugram’s real estate sector undergoes a transformational shift, a critical question arises: Is it poised to outpace Mumbai as India’s leading real estate powerhouse?